Over the summer, Mobey Forum’s Biometrics and Security Workgroup, set up to explore opportunities and use cases for biometric authentication in mobile money, met with The Biometrics Institute and the Natural Security Alliance, in a bid to exchange knowledge and expertise.

Biometrics adoption is gathering pace, particularly in mobile financial services (MFS). Acuity Market Intelligence estimates that by 2020, mobile biometrics will be used to authenticate almost 65% of all mCommerce transactions, creating a market worth in the region of $34.6bn annually.

 AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that it has formed a partnership with AlgoSave, a provider of credit modelling products. As part of the agreement, AlgoSave’s expected credit loss (ECL) model has been integrated into AxiomSL’s solution for International Financial Reporting Standard 9 (IFRS 9).

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today the execution of a definitive agreement to acquire privately held Silanis Technology, Inc. (Silanis), a leading provider of electronic signature (e-signature) and digital transaction solutions used to sign, send and manage documents.

BPC Banking Technologies, the leading provider of Open System payment solutions, today announces TienPhong Commercial Joint Stock Bank (TPBank) has selected SmartVista to replace their current card solution and legacy payments systems. This will provide TPBank enhanced capabilities in all aspects of payments including full in house processing of ATM and POS transactions together with improved card issuing. The initiative will also boost the capabilities of TPBank’s award winning mobile and internet banking services.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that 1st Advantage Federal Credit Union, based in Yorktown, Virginia, has added Mobiliti(TM) for mobile and tablet banking, the Popmoney(R) personal payment service for person-to-person payments, and Mobile Source Capture(TM) for remote deposit capture.

The United States, Japan and 10 other Pacific Rim nations on Monday reached final agreement on the largest regional trade accord in history, teeing up what could be the toughest fight President Obama will face in his final year in office: securing approval from Congress.

Chicago-based Rival Systems (Rival), a trading software company established earlier this year, announced today that Cardinal Capital Management (Cardinal) has deployed the new Rival Trader front-end derivatives trading and risk management platform.  Cardinal’s agricultural market making group is using the low latency platform for all of its trading activities.

We’re seeing little let up in the volume of fines imposed on firms that fail to meet regulatory requirements. Earlier this month, Finra, the brokerage industry’s self-funded regulator, reported fines of $37.5 million for the first half of 2015. While this is slightly down on the same period last year, the figure remains the second-highest total since 2008. Analysis suggests the end of this year may well see an increase in activity.

Malayan Banking Bhd’s (Maybank) Myanmar operations, which were launched today, aimed to focus on transaction banking, corporate lending and treasury services as part of its objective to establish itself as a leading cross-border bank in Myanmar.

In a statement today, the bank said its Yangon branch, which has a registered capital of US$75 million (US$1 = RM4.40), was officiated by Central Bank Myanmar Deputy Governor U Set Aung and Bank Negara Malaysia Deputy Governor Datuk Muhammad Ibrahim.

Bonitasoft, the fastest-growing provider of business process management (BPM) solutions, today announced that it has been named amongst